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Bloomberg
Apr 28, 2014 4:00am EDT
malaysia and aircraft, the president listening to what is being said in manila. he has been talking about the situation vis-À-vis russia. pfizer has confirmed a possible offer for astrazeneca. with more on that story, manus cranny and sam from bloomberg industries. let's start with you, sam. what do we know at this point and what don't we know? >> we know that pfizer made an approach in january. on the 16th of april, they came back again. as you and i were talking last week after the novartis -glaxosmithkline deal, that might have tweaked their interest again. there are many other regions where pfizer would be interested in an astrazeneca. that is what we know so far. we know what price they suggested in january. 46.61 pence. the rest is open to speculation going forward until may 26, when they have to make a formal decision. >> the reason it is going to happen in this way is that an offer was made. now we have to deal with takeover law, which makes things more complicated. >> it does. in some ways, it is quite a good thing. it means that our pay levels in terms of -- i do not know wheth
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